Congressman Mario Diaz-Balart (R-FL) released the following statement in response to the passage of H.R. 9, the Small Business Tax Cut Act of 2012, which provides all small businesses with a 20 percent tax deduction. Diaz-Balart comments:
"While small businesses continue to struggle, President Obama continues to insist on job-killing policies like tax hikes and burdensome regulations. We must focus on creating an environment that promotes economic security and opportunity for our nation's job creators; we do not need tax gimmicks that punish small businesses. My home state of Florida has been hit especially hard with double-digit unemployment rates, and this tax relief is a step in the right direction to encourage job creators to expand and hire."